The care management solutions market is anticipated to reach USD 11.8 Billion by 2030 at 10.80% CAGR during the forecast period
Care Management Solutions Market Overview
The care management solutions market is anticipated to reach USD 11.8 Billion by 2030 at 10.80% CAGR during the forecast period 2022-2030.Care management refers to a set of activities aimed at improving patient care and lowering medical costs by assisting patients and caregivers in better managing their health problems. A full set of tools comes standard with a sophisticated care management solution, allowing healthcare organizations to enhance patient outcomes while lowering costs. Electronic medical records, population health management, and care coordination are all examples of these. Many businesses have a lot of expertise in care management, but they rely on homegrown or commercial solutions that aren't scalable.
Care management solutions enable the convergence of all expenses, propelling the global market for care management solutions forward. The expansion of this market in Asia is being driven by a number of reasons, including the implementation of government policies boosting the adoption of HCIT solutions and increased government healthcare expenditure. Care management solutions are becoming increasingly important as the world's population ages and chronic diseases become more common.
Care Management Solutions Market Report Overview
The report presents a comprehensive view of the global care management solutions market over the upcoming forecast period. Meticulous care has been taken to provide accurate information along with influence the market have been presented in the report keeping historical data in mind and with a view toward the future of the market. The global care management solutions market size is divided into components into software and services. Care management solutions are delivered via various platforms including on-premise, on-cloud and web-based. End-users of care management solutions include providers, payers, and others. Applications of care management solutions include case management, disease management, utilization management, and others. The regions covered in the report include North America, Europe, the Middle East, and Africa, Asia Pacific, and the Rest of the World.
Care Management Solutions Market Players Covered
Market Research Future has used a unique mix of research tools which reveal all pertinent information about the Global Care Management Solutions Market. MRFR's data analysts employ primary and secondary methods to uncover details about the market for historical analysis and the study of current market conditions. Primary research methods include exclusive interviews with industry professionals while secondary methods include the use of all authenticated publically available sources to validate primary findings and provide additional details. Top-down and bottom-up approaches are also implemented to ascertain market size estimation accurately. Findings are delivered along with deliberate, intelligent observations about the trends and forecasting of the market so as to provide clients with critical decision influencing information.Recent Development
Prisma Health, South Carolina's largest non-profit healthcare system, and Royal Philips, a global leader in health technology, recently announced a multi-year agreement to help the health system actually accomplish enterprise interoperability, standardize patient monitoring, and drive innovation in enterprise imaging solutions to improve patient care and clinical performance. Philips software will provide patient monitoring and corporate imaging solutions, allowing all South Carolinians to benefit from higher patient and staff satisfaction, lower costs, and better outcomes.
HealthPartners, the nation's biggest consumer-governed, non-profit health care organization, has chosen EXL to develop a next-generation care management solution. HealthPartners will be able to combine strong population health analytics directly into its care management workflow, resulting in more focused, timely, and successful interventions as well as enhanced member engagement, thanks to EXL's CareRadius platform. EXL CareRadius uses population health analytics to detect at-risk patients, identify treatment gaps, and improve care management.
Care Management Solutions Market Segmentation
By Delivery Method
Care Management Solutions Market Region
|Market Size||11.8 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Component, Application, Delivery method and End User|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Casenet LLC, Cerner Corporation, Medecision, EXL Healthcare, AthenaHealth, HealthSmart Holding, Epic Systems Corporation, Cognizant Technology Solutions, Allscripts Healthcare Solutions, and Koninklijke Philips N.V.|
|Key Market Opportunities||Presence of an ever-growing aging population and increased occurrence of chronic diseases|
|Key Market Drivers||
The players involved in the Care Management Solutions Market are Cerner Corporation, Medecision, Casenet LLC, AthenaHealth, EXL Healthcare, Allscripts Healthcare Solutions, Epic Systems Corporation, Cognizant Technology Solutions, HealthSmart Holding, and Koninklijke Philips N.V.
Applications listed in care management solutions market are disease management, utilization management, case management, and others.
End users listed in care management solutions market report are providers, payers, and others.
Increasing influence of big data would impact Care Management Solutions Market.
Services and solutions have been discussed in the Care Management Solutions Market report.